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To: Silicon Trader who wrote (228)1/7/1998 1:53:00 PM
From: David W. Tucker  Respond to of 7701
 
NRAG Financial Reports

I was sent some Email indicating there might be a mistake in the FAQ which I haven't had time to check.

Dave,
> First I wanted to thank you for putting together the FAQ sheet, I think you
> have done a very nice job! Although I don't post on SI I read all the posts
> on both Bobz and SI and was glad to see your input when you came aboard. Your
> opinions are usually very well presented and thought out. As a shareholder I
> too am very excited about the possibilities this company has and I hope you
> can answer a question for me.
> In a previous post I thought (I may be mistaken please forgive me if I
> misspeak) you had stated you expected to see Q1 earnings reported mid May (if
> Q4 is reported mid Feb this would seem reasonable), in the FAQ I see you state
> Q1 report mid July. Would you please clarify this for me? I thank you in
> advance for your time.
>
> Leigh Payne
>

Leigh:

I have to go look at the FAQ now. It should read that Q1 reports mid may and Q2 reports mid sept...all based on NorAm's history of reporting about 45 days after the end of the quarter. If it's wrong, I'll change it this week. Thanks for bringing it up.

You should consider joining SI and chiming in occasionally.

dave

Folks: Please continue to send me info on any mistakes, etc. in the FAQ.

dave



To: Silicon Trader who wrote (228)1/7/1998 2:00:00 PM
From: David W. Tucker  Read Replies (1) | Respond to of 7701
 
Jay: I would only note that the word we are getting out of V-land right now is that current 'illegal' lotteries are running about 15 million in revenues per week, up 5 mil since all the casinos and bingo halls closed down temporarily.

There has been a lot of talk about how the Venezuelans don't have any money, but they appear to have a lot for gambling, and the V-land economy is definitely doing much better.

We just won't know much until NorAm starts posting weekly numbers from each machine. We should get a pretty good handle on it soon since we can derive some good data from any machine that is "busy". If a machine is being played all day, that should really help us in our forecasts.

dave

dave